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dollarcollapse.com has many pertinent articles. This one preaches to the choir of those believing that things aren't as rosy as portrayed. The stock market's action of the last three days may confirm some of what is specified within this article.

Are You Ready For Round Two Of The Financial Crisis?

The next round of the financial crisis is at our doorstep.

The primary driver of the stock market, since 2009, has been the expansion of the Fed’s balance sheet. Remove this expansion and the S&P 500 would have effectively flat-lined.

Now the Fed is ending QE and “surprise” stocks are cratering.

Is this really a surprise?

After all… we know that…

Stocks are expensive by just about every conceivable metric.
Global GDP growth is overstated dramatically with China at most growing 3.5% per year, the US in recession, and Europe in a full-scale DE-pression.
QE is completely useless at generating growth with Japan in a triple dip recession after launching a QE program equal to 25% of its GDP and the US in recession despite having spent over $3 trillion.
Central Bankers don’t care in the slightest about how their policies affect the rest of us.
Even investing legends who have made their billions off of stocks admit the market is a complete farce and that a Crash is coming.
Billionaires moving their money out of stocks and into ANYTHING else at a record pace.
And finally..
None of initial problems which lead to the 2008 crisis (excessive leverage, rampant fraud, etc.) have been addressed.

Let’s face the facts. The very same problems that lead to 2008 remain in place today. The people who created this mess have gone unpunished. No one went to jail. No rule of law was upheld. Instead trillions of US taxpayer dollars were funneled to a bunch of crooks and liars.

And the Fed and friends actually thought growth might come out of this?

I’ve written before that the Fed’s policies were cancerous and would kill the system. This has proven to be the case…(Note: Economist Ronald McKinnon, who passed away October 1st, also opposed the FED asset buys, and said in a letter to Bernanke,(paraphrased) "rates near zero will distort financial markets and greatly complicate future Fed efforts to normalize monetary policy.")

The bond market is illiquid and extraordinarily dangerous thanks to the Fed screwing up the yield curve and soaking up Treasuries from QE.

The stock market has no bearing on reality, with accounting standards thrown out the window and investors fleeing in droves.

The economy is in shambles with almost all job growth post 2008 based on phony accounting or crappy part time jobs… again thanks to policies employed by the Fed.

The middle class has been destroyed thanks to Dollar devaluation and rising costs of living that have wiped out savings and made it impossible for the average American to get by.

Retirees and those close to retirement have lost valuable interest income courtesy of the Fed’s zero interest rate policy.

At the end of the day, the Fed with its misguided theories has demolished capitalism: the single most powerful form of wealth generation in the history of mankind. All the Fed has really accomplished is leverage the entire financial by an even greater amount… which has set the stage for a collapse that will make 2008 look like a picnic.
http://www.gold-eagle.com/article/are-you-ready-round-two-financial-crisis